Proper came in at $13,000 and I submitted with Obie, which suggested in an auto responder a figure around $8000. 

Umbrella insurance is usually with your auto carrier since auto carries the most risk. 

Purchase: $80k-$130kRent: $1200-$1500ROI: 10-14%Cash flow: $250-$350/doorAppreciation: Double digit (for past 10 years, will gladly send data)Location: C, B- (suburbs and certain markets)We have over a dozen Fortune 500 companies just in Metro Detroit with huge Healthcare, Auto, mortgage, Amazon fulfillment, and more jobs.The bad reputation comes from OOS investors wanting $20k D market properties.

Can tenants pay with auto-withdrawal?

You should also be able to get an Umbrella policy to cover over the Liability coverage of the New home, the Dwelling Fire, your autos, etc.  

Hi All,I have been told that I would have to guarantee an auto loan if I bought a new vehicle under my LLC. 

Total cost was $350 per year for all the properties and that covers the auto as well.

When you are 1099'd it is considered self-employment because you pay your own taxes and file a Schedule C with your tax return which allows you to "write off" costs of doing business or other business expenses. lenders will have  a provision to 1) give you back any depreciation as income and 2) to offset any auto payments you wrote off against your debt ratios. 

This actually increases your tax while yoyr net income stays the same.Try allocating admin type expenses - auto miles, biz portion of phone, internet, etc. instead.Feel free to contact me for further info.Hope that helps,Ted

So before I recommend something, I want to make sure I've looked at it and vetted it first.Having said that, there is nothing "wrong" with auto-searches.